HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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underwater mortgages
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
underwater mortgages
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
underwater mortgages

Second Mortgages Sinking More Homeowners

2011-06-08T00:37:27-07:00

June 8, 2011 (Shirley Allen) The number of underwater mortgages declined to 22.7 percent of all residential properties at the end of the first quarter of 2011, but if you had a home equity loan you were twice as likely to have negative equity according to the latest data released by CoreLogic. […]

Second Mortgages Sinking More Homeowners2011-06-08T00:37:27-07:00

Arizona’s Novel Proposal to Help Underwater Homeowners

2011-03-23T04:55:26-07:00

March 23, 2011 (Chris Moore) Legislation backed by Scottsdale Republican Sen. Michelle Reagan proposes to allow homeowners who have underwater mortgages to bypass banks and use private investors to refinance their mortgages allowing investors to benefit by earning interest paid by reliable borrowers, while homeowners benefit by lowering their monthly payments and possibly lowering their [...]

Arizona’s Novel Proposal to Help Underwater Homeowners2011-03-23T04:55:26-07:00

Last 3 Big Banks Join FHA’s Short-Refi Program

2011-03-16T05:00:29-07:00

March 16, 2011 (Shirley Allen) Just days after the House of Representatives voted to kill the Federal Housing Administration’s (FHA) Short Refinance Program, Bank of America, JPMorgan Chase, and Citigroup have joined Wells Fargo and Ally Financial/GMAC as participants in the struggling program. Read more...

Last 3 Big Banks Join FHA’s Short-Refi Program2011-03-16T05:00:29-07:00

Negative Home Equity Now at $751 Billion

2011-03-10T09:03:49-07:00

March 10, 2011 (Chris Moore) The total negative equity of homeowners who have mortgages on their homes now stands at a whopping $751 billion according to CoreLogic’s latest release of its Negative Equity Report. The report predicts that housing prices are expected to fall another 5 to 10 percent adding as much $75 billion to [...]

Negative Home Equity Now at $751 Billion2011-03-10T09:03:49-07:00

MBA Calls for Revamp of HARP

2011-02-11T05:15:55-07:00

February 11, 2011 (Shirley Allen) The Mortgage Bankers Association (MBA) has submitted a letter to Edward DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA), calling for an extension to the Home Affordable Refinance Program (HARP) along with improvements to some of the guidelines contained within the program. Read more...

MBA Calls for Revamp of HARP2011-02-11T05:15:55-07:00

2011 Housing Predictions Like Watching a Rocky Movie

2010-12-30T05:15:18-07:00

December 30, 2010 (Chris Moore) One of the great past times in America is reading the predictions for the upcoming year. This year is no exception, especially in the housing and mortgage market. Watching the economy taking a beating like Rocky Balboa has been more than many Americans can bear, but just like in the [...]

2011 Housing Predictions Like Watching a Rocky Movie2010-12-30T05:15:18-07:00